Looking at GMT's recent trend, the signs of fund withdrawal during the previous decline are already quite obvious. Maintaining a high fee rate of -2 for four consecutive hours was an attempt to squeeze out short positions, but it was instantly pulled back at midnight.

Interestingly, a small rally afterward pushed the trading volume from the bottom directly to the top, followed by another surge. It feels like this should be the final push; after the decay, a downward trend should begin.

Key position markers: the breakout point is around 0.021, with subsequent focus on 0.01865 and 0.01823.